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How to Save Option To Buy Agreement in PPR

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The video discusses the option to purchase agreement, a marketing agreement signed with a motivated seller to gain equitable interest in a property. The speaker emphasizes the importance of understanding the contract details, which they keep laminated for easy reference. Key elements of the contract include identifying the motivated seller as the optionor and the buyer as the optionee, providing the property's address, and noting the date of signing. The agreement typically lasts 60 to 90 days from the signing date, allowing the buyer to market the property effectively. The speaker aims to ensure clarity on filling out the contract correctly.

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How long do you have to put a lien on property in Alberta?

The lien MUST be filed at Land Titles within the following calendar (not business) days; a. 45 days for a regular lien, OR b. 90 days for an oil and gas lien From the date the work was completed or the last materials supplied.

How do I remove a lien from my property in Alberta?

How To Remove A Builders Lien The liens discharge after tendering of full payment to the person or company completing the improvement; Alberta Courts issuing an order to remove the lien upon the payment of the lien fund into court; and. Their automatic removal after 180 days from the filing of the lien.

How do you put a lien on a property in Canada?

This is done by filing the proper documentary evidence with the applicable land title registry office. However, registration against the title is not required to preserve the claimants right to the lien. Simply providing the Claim for Lien to the property owner is sufficient.

Can you register a vehicle with a lien in Alberta?

If you find that there is a lien, it must be removed before you can register the car with your province or territory.

How to put a lien on personal property in Alberta?

To register an interest, fill out the form for the type of lien you wish to register and drop it off at a registry agent. Some interests must be registered within specific time frames. You should allow adequate lead time for processing by a registry agent if there are any legislative time limits for registration.

What is the Personal Property Registry Alberta?

WHAT IS THE PERSONAL PROPERTY REGISTRY (PPR)? The Personal Property Registry, together with the Land Titles Offices form the Property Registration Branch of the Alberta Governments Municipal Affairs / Registries Department. The PPR registry provides registration and searches for interests in personal property.

What is a notice of intent to lien Alberta?

A notice of intent to lien notifies the property owner and any other hiring party that you intend to file a Mechanics Lien if the appropriate party doesnt pay you. You may be required to send a notice before filing a lien.

How to do a lien search in Alberta?

Personal property liens Find a registration Download and fill out a search form. Individual debtor name. Submit the request at a registry agent. You can search through any registry agent office in Alberta. After you submit the request. A search result will be one of the following:

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Save Option To Buy Agreement in PPR